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BCHB, Shell lift blue chips; F&N at 12-month low

KUALA LUMPUR: BCHB and Shell lifted blue chips at midday on Thursday, but the overall market displayed some degree of caution ahead of the final week of corporate earnings.

At midday, F&N had fallen RM1.30 to RM7.70, its lowest since March last year as it stood to lose about RM420 million in revenue next year as The Coca-Cola Company was not extending the bottling and distribution agreements.

However, Halim Mazmin rallied 18.5 sen or 46% to 58.5 sen to June last year on plans by its major shareholders to take it private at 60 sen a share.